Given the recent announcement of a new, long term plan for the NHS it seems like an opportune moment to revisit the topic of universal healthcare. The essay below is a new version of a previously published piece, with some sections revised and elaborated, while figures and references have been updated.
Universal Healthcare – an Economic Disaster
By Duncan Whitmore
“Universal healthcare” (that is, an alleged “right” to “healthcare” provided in some form by the state) is a mainstay of social democratic thought – so much so, in fact, that the UK’s NHS is taken as a given, with any kind of proposed healthcare reform couched in terms of improving “our” state-funded health service rather than ever considering whether it should exist in the first place.
However the consequences of universal healthcare are grave indeed, including spiralling costs and ever increasing numbers of sick – pretty much the effects of the welfare state in general. This is without even considering the ethics of forcibly confiscating the money of one person to benefit another, although this essay will focus on the economic aspects of what is, in effect, the socialisation of medicine. Continue reading